For thousands of other reports visit RSC's Mineral Intellingence Map
Aura Silver Resources Inc.
Summary
| Project: | Greyhound | |
|---|---|---|
| Deposit: | Aura Lake | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 10/16/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 16-10-2017: Aura Silver Resources Inc. announces an Exploration/Drilling Update report for its Aura Lake deposit at the Greyhound project. JV with Agnico Eagle Mines Ltd., drilling results incl. 3.0m @ 3.3g/t Au from 94m. Aura Silver Resources Inc. (TSX-V | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Paul Pitman (Internal) | |
| ABSTRACT: | Aura Silver Resources Inc. (TSX-V: AUU) ("Aura Silver" or the "Company") is pleased to report that drilling for 2017 has been completed on our Greyhound property located in Nunavut, Canada. Agnico Eagle Mines Limited ("Agnico Eagle") carried out the program to follow up on 2015/16 drill results. Work included prospecting in new areas and diamond drilling of ten holes for a total of 2,262 metres. Assays have been recorded for all holes and recent results are being interpreted by Agnico Eagle, to be reported to Aura Silver during November along with future exploration plans. Approximately 70 assays for samples collected during an August prospecting survey over new areas are not yet received. Two high-priority areas now stand out for further exploration: (i) Aura Lake, where high grade boulders up to one ounce/ton are located at surface with gold infused-quartz veins intersected in drilling nearby; and (ii) Dingo West, where a kilometer-long quartz vein, with noted gold in assay grab samples, outcrops and lies adjacent to an untested copper gossan. Both areas show deformation, hydrothermal activity and very large alteration halos in the enclosing volcanic rocks. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report